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Consider the Following Simultaneous Move Game In the Matrix Above the First Number Represents the Payoff

Question 56

Multiple Choice

Consider the following simultaneous move game:
 Player II AB Player I A(400,300) (200,200) B(100,150) (300,100) \begin{array}{|c|c|c|c|}&&\text { Player II }\\\hline& &{\mathrm{A}} & \mathrm{B} \\\hline \text { Player I }&\mathrm{A} & (400,300) & (200,200) \\\hline & B & (100,150) & (300,100) \\\hline\end{array} In the matrix above the first number represents the payoff to Player I and the second number to Player II. For example, if both players choose action A, then Player I gains 400 and Player II gains 300. What is the best response of Player I if Player II chooses A?


A) A
B) B
C) Both
D) None

Correct Answer:

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